Retail Property for Sale ~ Knoxville, TN

Retail-Commercial for Sale
Catylist Listing ID: 30635386
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 1,892 SF
Gross Building Area: See Agent
Gross Land Area: 13,687 SF
Sale Price: $465,000
Unit Price: $245.77 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2020

Overview / Comments

-Property located on the 17th Street just north of The University of Tennessee (28,321 enrollment)

-Existing building: Car Wash

-Explosive growth along Cumberland Avenue with private multi-family projects opening or under constrcution

-17th street is the main route from I-40 to the University of Tennessee, which offers great visibility and high traffic volumes

-Daytime population of 190,684 within 5 mile radius

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 094NM018
Retail Clientele: General, Business, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: 17th Street
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,887 83,917 158,803
Median Age: 23.04 31.62 35.13
Households: 4,840 34,352 67,901


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